THE SOCIAL CONSEQUENCES OF THE COVID 19 PANDEMIC VIEWED FROM THE SARAJEVO LOCKDOWN
THE SOCIAL CONSEQUENCES OF THE COVID 19 PANDEMIC VIEWED FROM THE SARAJEVO LOCKDOWN
Author(s): Žarko PapićContributor(s): Desmond Maurer (Translator)
Subject(s): National Economy, Economic policy, Government/Political systems, Health and medicine and law, Socio-Economic Research
Published by: Međunarodni forum Bosna
Keywords: Covid 19 pandemic; Lockdown in Sarajevo; Social consequences; Economic situation of Bosnia and Herzegovina; GDP;
Summary/Abstract: The following assessment should be taken with considerable reserve. It is still impossible to estimate with any precision how long the causes of the pandemic in crisis will last or the likelihood of their “transferring” to the southern hemisphere or of a second wave. The pandemic will certainly cause enormous economic and social losses and provoke global crisis. The magnitude of economic and social welfare losses will depend on how long the isolation measures last and borders are closed, social distancing is continued, and restarting economic activities is delayed. The situation will not normalise within just a couple of months, and some measures, dependent on country, will doubtless remain in force until vaccination with a new vaccine is over, which is a minimum of 12 months.
Journal: Forum Bosnae
- Issue Year: 2020
- Issue No: 91-92
- Page Range: 155-161
- Page Count: 7
- Language: English
- Content File-PDF